“There are only two certainties in life: death and taxes.” That’s how Benjamin Franklin’s famous adage goes. Well, it should be changed to three things: death, taxes, and stress because, in today’s fast-paced digital era, stress is pretty much guaranteed! With little time on our hands to get organised and the tendency to become emotionally attached to stuff, our homes, offices, and ev...
Read More..In your 20’s you took risks and probably got away with it (thanks, on occasion, to mom and dad). You lived your life, perhaps without medical, car, or home insurance and found a way to make it work. Now that you’re in your 30’s, there are no more excuses. It’s time to “adult”, which means you need to put plans in place in case the unplanned happens. With nicer things, a more expensive...
Read More..The prospect of teaching your kids about money can seem like a daunting task, especially when you look at your own finances and the steep learning curve it took to get you to where you are. Children aren’t exactly rational creatures; they want what they want, and they want it now. In a world chaotically ruled by the need for instant gratification, how can you instil a rational underst...
Read More..If there’s one thing the modern education could greatly benefit from, it would be the addition of subjects that actually prepare the student for adulthood. Instead, every year, millions of high school students are unleashed upon the “real” world with absolutely no idea what a mortgage is, how taxes work, and why they should start saving for their retirement in their 20’s. If your pare...
Read More..Life is for living and a part of that philosophy is not wasting time worrying or even thinking about death. However, being responsible and providing proper care for the people we leave behind requires us to confront thoughts of death and think about how we wish to allocate our life’s wealth after we pass on. It might not be comfortable but it’s necessary for many different reasons, wh...
Read More..Why You Should Start Saving Early Our early twenties is a glorious age. We complete our studies, embark upon our careers, move out of our childhood homes, discover the freedoms we were denied during our teenage years, and indulge in daily doses of instant gratification. It is a time of liberty, opportunity, ambition, and of looking forward to life. But, the very last thing on our mind...
Read More..It’s the immutable law of finance: if you spend more than you earn, you’ll find yourself in debt. The great thing about this law is that it applies the other way around too: if you spend less than you earn, you’ll dig yourself out of debt. Simple! And yet, in practice, the spending habits that allow us to build wealth are easier said than done. Why is this? Because the obstacle in the...
Read More..Saving is Easier Than Making More Money. Here’s Why.... We’re all in some way caught up in the pursuit of money. Buying that espresso machine you’ve been salivating over for the past few months, sending your kids to school, going on a much-needed holiday, affording an operation to resolve a medical issue, updating your wardrobe, buying a house... meeting all of our wants and needs in...
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